{"id":243953,"date":"2026-10-26T17:43:18","date_gmt":"2026-10-26T17:43:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=243953"},"modified":"2026-10-26T17:43:18","modified_gmt":"2026-10-26T17:43:18","slug":"bitcoin-price-hovers-near-80000-as-traders-await-fed-decision","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=243953","title":{"rendered":"Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision<\/a><\/p>\n

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Bitcoin price traded near $80,000 on Monday, after falling about 2% earlier in the session. The price has dipped below that level several times in recent days and recovered each time.<\/p>\n

Selling pressure has been building. Spot Bitcoin ETFs recorded<\/a> about $635 million in outflows on October 22. A brief drop below $80,000 last week also triggered roughly $800 million in liquidations of long positions, or bets that prices would rise.<\/p>\n

The next major test to look out for is the Federal Reserve\u2019s two-day meeting, which ends October 28. The Fed raised<\/a> its target range to 3.75% to 4% in September, and its minutes suggested another increase could come by year-end.\u00a0<\/p>\n

Most recent market odds favor the Fed holding rates steady, though those odds<\/a> have shifted. Traders are watching Fed Chair Kevin Warsh\u2019s remarks for signs of a December hike.<\/p>\n

Higher interest rates typically pull money away from risky assets, including crypto. Broadly speaking, a hold could keep bitcoin price between roughly $80,000 and $88,000. A rate hike could push it toward the lower end of that range.<\/p>\n

Bitcoin price backdrop<\/h2>\n

Geopolitical tensions are also weighing on markets. Oil rose above<\/a> $100 a barrel in early September as strikes between the U.S. and Iran escalated. Higher energy prices feed into inflation, which affects the Fed\u2019s decisions.\u00a0<\/p>\n

In tech, Anthropic is reportedly<\/a> preparing an initial public offering that could value the AI company near $965 billion. The timing has shifted toward the weeks before the November midterm elections, but no date has been confirmed.\u00a0<\/p>\n

U.S. stocks surged a bit Monday as investors geared up for a busy week of Big Tech earnings and the Federal Reserve\u2019s interest-rate decision. The Nasdaq rose 0.8%, the S&P 500 gained 0.6%, and the Dow climbed 0.3%.\u00a0<\/p>\n

Alphabet and Microsoft report Wednesday, followed by Amazon Thursday, while markets largely expect the Fed to hold rates steady.\u00a0<\/p>\n

AI-related stocks rallied following Anthropic\u2019s IPO filing. Tesla jumped 6%, while Meta plans to raise up to $95 billion for AI investments.\u00a0<\/p>\n

As of writing, bitcoin price trades at $80,215, down nearly $4,000 or 4.75%, on the month. Over the past month, prices have ranged from a high of $86,806.95 to a low of $79,397.76. Bitcoin price peaked above $86,000 in early October, then slid toward $80,000 in the second week of the month.\u00a0<\/p>\n

A brief rally around October 21 pushed it back near $84,000, but those gains faded within days. Trading volume over the past 24 hours reached about $18.12 billion.\u00a0<\/p>\n

Bitcoin price remains far below its all-time high of $126,277.05.<\/p>\n

This post Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision Bitcoin price traded near $80,000 on Monday, after falling about 2% earlier in the session. The price has dipped below that level several times in recent days and recovered each time. Selling pressure has been building. Spot Bitcoin ETFs recorded about $635 million […]<\/p>\n","protected":false},"author":0,"featured_media":243954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-243953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243953"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=243953"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/243954"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=243953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=243953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=243953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}